Pakistan and Poland enhance trade ties

Wednesday, 15 September 2004 12:29:00 (GMT+3)   |  

Pakistan and Poland enhance trade ties

Pakistan and Poland announced that they would like to promote economic and trade relations for mutual benefit. Further, the two countries are planning to expand the existing potential in commerce. As it was observed in a recent meeting between Poland and Pakistan, the two countries discussed ways to enhance trade ties between them. Poland stated that it is interested in investing in Pakistan's mining, steel and sugar sectors. It also proposed to upgrade Pakistan's existing mining, steel and sugar industries as the country has large capability and expertise in these sectors. Pakistani Ministry of Industries and Production expressed its satisfaction and announced that Pakistan's economy is in developmental stage and industrial output growth rate has reached 18%, which indicated positive trends in the economy. It is also reported that there were a lot of areas for further increasing the industrial growth rate and Poland was invited to invest in Pakistan.

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